Peshawar: 15 NBP officials charge-sheeted for embezzlement
PESHAWAR: Fifteen officials of the National Bank of Pakistan (NBP), Mardan Region, have been charge-sheeted while three of them suspended as large-scale embezzlement was unearthed in the pension accounts of some branches.
The sources told The News that the special inspection team investigating the embezzlement of millions of rupees in about 64 branches of the region has also ordered the recovery of Rs5.6 million from two officials of two different branches.
Referring to the findings of the special probe team, the sources said an official of the NBP Gul Faraz through a letter in May last informed the head office about the large-scale embezzlement in the shared accounts of pension operated by the NBP branches.
The head office carried out inspection of the pension accounts in some branches of Mardan Region and found that millions of rupees were embezzled in the pension accounts.
The inspection team after initial inquiry placed responsibility on one dozen officials of at least three main branches and recommended action against 15 of them including the head of the region and senior vice-president Mir Abdullah, human resource chief Syed Ahmed Jan and general manager business Saeed Ahmed Khan.
The head office also awarded appreciation letter to Gul Faraz along with a cash reward.
The head office while taking action in light of the inquiry report issued charge-sheet against 15 officials and ordered the suspension of two cashiers of the Swabi branch, Bakht Sher and Badar Munir, and another officer Hikmat Shah. The sources added that Rs5million had been recovered from Bakht Sher.
The head office also took action against an official of the bank’s main Saidu Sharif branch Ismail Shah Bacha. It was found that he used to withdraw millions of rupees from the shared pension account and credit the same to the account of his brother instead of crediting it to the respective accounts of the pensioners. The sources said that Rs0.6million has also been recovered from him.
The inspection team probed the RTM (Refer to Maker) and cheques stamped with RTM and non-chequeing accounts of the pensioners. It was found that the treasury was not doing its job vis-à-vis the posting of the pension amounts to the banks.
The circular about the posting of the pension amounts to the banks also necessitated the exchange of the certificates between the banks and government treasury.
When contacted, the bank’s regional head Mir Abdullah said the matter had been settled and the missing amount recovered. Efforts are being put in to improve the affairs, he said.